LULU
Lululemon Athletica Inc.
Is LULU Halal?
Current total-assets financial screens pass; athletic apparel is generally permissible, while product mix and supply-chain questions remain qualitative.
What You Should Know
lululemon's May 2026 filing reports no interest-bearing debt, 17.75% identifiable liquidity/assets, 19.69% receivables-plus-cash/assets and a 0.37% conservative upper bound for other income net. Apparel and fitness products are generally permissible, but the filing does not provide a universal prohibited-product numerator or quantify the interest-bearing instruments within cash.
⚠️ Concerns
- •Other income, net of 9.131 million was primarily affected by interest income but is not a pure interest line
- •The filing does not separately quantify money-market funds, term deposits or other interest-bearing cash instruments
- •Marketing imagery may not align with some investors' modesty preferences
- •Factory labor, forced-labor risk, sourcing, tariffs and environmental impacts require qualitative review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-05-03; calculated 2026-07-13.
0 / 8,531.441
1,514.729 / 8,531.441
1,679.702 / 8,531.441
9.131 / 2,471.603
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 0.00%, liquidity/assets is 17.75%, receivables plus cash/assets is 19.69%, and the conservative other-income upper bound is 0.37%; known financial ratios pass, while product-level business disclosure remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt, liquidity and receivables-plus-cash pass the examined total-assets limits; this is not an index-membership claim and product-level revenue remains undisclosed.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and identifiable liquidity/assets are below 33%; this is not an official SAC classification and no product-level prohibited-revenue numerator is available.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so spot market capitalization is not substituted.
Business-activity disclosure
lululemon designs and sells athletic apparel, accessories and related products through stores, e-commerce and other channels. General apparel and fitness products are generally permissible, while product-level categories, marketing presentation and any future digital or partnership activity remain qualitative questions.
Limitation: The filing reports net revenue but does not provide a universal prohibited-product numerator for every merchandise category, partner arrangement or marketing activity. No unsupported percentage is supplied.
Purification
Other income, net of 9.131 is primarily associated with interest income but is not a pure interest line. ZakatInvest does not prescribe a fixed purification amount; qualified guidance should be used.
Inputs, assumptions and primary sources
- Amounts are USD millions converted from lululemon's thousands presentation.
- No interest-bearing debt is reported; current and non-current operating lease liabilities are not treated as interest-bearing debt.
- Cash is 1,514.729. The filing says excess cash is held in interest-bearing accounts, money-market funds and term deposits, but does not separately quantify those instruments; no additional securities balance is invented.
- Receivables use net accounts receivable of 164.973 and quarterly net revenue is 2,471.603.
- Other income, net of 9.131 is used as a conservative upper bound because management says the decrease was primarily due to interest income; the line is not purely interest.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →